Learning Curve Calculations

1) The first unit required 9800 hours to manufacture. The company expects to experience an 85% unit learning curve. Estimate the cost of the 20th unit. Round intermediate calculations to 4 decimal places.

3) Given the following unit learning curve equation, which statement is correct?
Y=1250(X)-0.184916
a) Y represents the cost of the 1250th unit
b) The slope equals 92%
c) The slope equals 87.97%
d) Y is the cost of the first unit.